Cantor Fitzgerald raises Applied Materials stock price target on AI strength

Investing_ng | 16-05-2026 01:17am |

Cantor Fitzgerald has increased its price target for Applied Materials, citing the company's strong performance in the artificial intelligence sector. This adjustment reflects the firm's confidence in Applied Materials' growth potential driven by advancements in AI technology. The revised target indicates a positive outlook for the company's stock amid the evolving market landscape.

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